Interest rate on bank loans reached 4.76% in 2017 in New Zealand, according to the National Central Bank. This is 5.20% less than in the previous year.
Historically, interest rate on bank loans in New Zealand reached an all time high of 8.99% in 1998 and an all time low of 4.76% in 2017.
New Zealand has been ranked 101st within the group of 119 countries we follow in terms of interest rate on bank loans.
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